Insurance Bureau of Canada and the insurance industry recognize the seriousness of the insurance affordability issues some condominium and strata corporations and owners are currently facing. In response, the insurance industry has developed a Condominium Action Plan that will help find common sense solutions to improve insurability. By working together with all stakeholders we believe we can help find solutions to stabilize insurance costs.
To learn more about the current situation and the Condominium Action Plan, please click below.